Question
Which bank received a $500million loan from the
International Finance Corporation (IFC) for microloans to underserved women?Solution
According to available information, the bank that received a $500 million loan from the International Finance Corporation (IFC) for microloans to underserved women is HDFC Bank. The IFC provided this loan specifically to enable HDFC Bank to extend microloans to women borrowers through their "Sustainable Livelihoods Initiative" program, targeting self-help groups and joint liability groups. Â
If an ad-hoc credit limit sanctioned by a bank is not reviewed and the account shows no activity, when does it become an NPA?
The Companies Act 2013, contains ________.
Any casual vacancy in the office of an auditor shall in the case of a company whose accounts are subject to audit by an auditor appointed by the Comptro...
A company transfers semi-finished goods from Process 1 to Process 2. Normal loss in Process 1 is 10%. If 10,000 units are input and 8,800 units are tran...
Which of the following is NOT a component of an accounting system?
Consider the following journal entry:
In what circums...
For each registration, a separate GST Registration No (i.e., GSTIN) of ______ digits is allotted.
What is the maximum deduction allowed under Section 80U of the Income Tax Act, 1961, for an individual with a normal disability?
Under the equity method of accounting for associates (AS 23), the investment is initially recorded at cost and subsequently adjusted for:
Under SA 240, the auditor’s responsibility relates to identifying and assessing risks of material misstatement due to fraud. If a whistleblower inform...
Relevant for Exams:
